KEPCO Reports 5.3 Million Dinars in Net Profit for the First Half
Adana Al-Sabah: We maintain the robustness of our performance despite exceptional and difficult circumstances, and we continue to implement our plans
0.3 fils earnings per share, decline due to reduced contributions from banks and real estate
795.9 million dinars in total operating revenues, up 3.49%
1.8 million dinars in Q2 profits, a 36% increase in operating profits
14.4 billion dinars in the company’s total consolidated assets at the end of the first half
Meteorological News
National Assembly Coverage
Astronomy
Kuwait Projects Company (Public Holding), known as Kepco, announced a net profit of 5.3 million Kuwaiti dinars during the first six months of 2026, compared to 10.2 million Kuwaiti dinars during the same period in 2025. Earnings per share for the first half of the year stood at 0.3 fils.
In a press statement, the company said that the decline in Kepco’s net profit was primarily due to reduced contributions from the energy, banking, real estate, hospitality, industrial, and logistics sectors, reflecting the impact of geopolitical conditions on these sectors.
Operating revenues rose by 3.49% to reach 795.9 million dinars during the first half of the year, compared to 769.1 million Kuwaiti dinars for the same period in 2025.
During the second quarter of 2026, Kepco achieved a net profit of 1.8 million Kuwaiti dinars, while operating profit increased by 35.93% to reach 52.2 million dinars, compared to 38.4 million dinars during the corresponding period in 2025.
Kepco’s total operating revenues for the second quarter amounted to 420.0 million Kuwaiti dinars, an increase of 8.95% compared to 385.5 million Kuwaiti dinars in the second quarter of 2025. Shareholders’ equity also rose by 1.79% to reach 656.5 million Kuwaiti dinars, compared to 644.9 million Kuwaiti dinars at the end of 2025.
The company’s total consolidated assets reached 14.45 billion Kuwaiti dinars at the end of the first half of 2026, compared to 13.82 billion Kuwaiti dinars at the end of 2025.
Commenting on this, Sheikha Adana Nasser Al-Sabah, CEO of the Kepco Group, said: “The first half of the year witnessed exceptional and difficult conditions, amid ongoing uncertainty in the region. Despite these circumstances, Kepco continued to generate profits, reflecting the strength of our investment portfolio and the resilience of our core companies. More importantly, we maintained our focus on implementing our plans and advancing the strategic priorities we have set for the group.”
She added: “We continue to operate based on a disciplined approach to capital management and operational efficiency, with a focus on preserving and enhancing value for stakeholders. As we closely monitor developments in our surrounding environment, we remain committed to executing our strategy and strengthening our companies’ operations, positioning them to capitalize on opportunities that market developments may present.”
